Identifying Trend Change (GBP/USD)
1.24700, I believe, is going to be a very significant price point as the markets re-open and trading resumes. Targets and stops may change as price action develops. This position represents max risk; With favorable price action (bearish) the plan is to reduce risk by 50%.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.